In The Loop: Coworking For Seniors, Kr Space, And JustCo

The coworking industry in Asia continues to steal headlines, this week Kr Space raised $145 million while JustCo entered the Taiwan market

A Coworking Space for Seniors Embraces Learnability

Though coworking has often been associated with the younger workforce generations, a niche New York coworking space is proving that everyone (regardless of age and gender) can benefit from the “co” movement, especially if the space and services are specialized to attract a specific target market.  Senior Planet Exploration Center is a coworking space dedicated to people 60 or older and it offers members classes that can help them advance their business skills and workshops to help them navigate the technological and digital world. (Suggested reading: “Learnability: The Most Important Skill to Succeed in the Future of Work”)

Kr Space Raises $145 M

The Latest News
Delivered To Your Inbox

Chinese-based coworking operator Kr Space announced this week that it raised Rmb 1 billion (approximately $145 million) in a new funding round led by IDG Capital. The company has plans to expand beyond China and its eyed Hong Kong, Singapore, Tokyo and other APAC cities. According to Deal Street Asia, the company will use the funds to become a full life-cycle enterprise flexible workspace provider, including delivering office space services and asset management services.

JustCo Enters the Taiwan Market

According to the Vulcan Post, Singapore-based coworking operator JustCo has entered 5 new markets since 2018. Most recently, the coworking brand entered the Taiwan market with three locations in major Taiwanese districts Xinyi, Songshan, and Zhongshan.  Other new markets for the company include Seoul and Sydney. The company also plans to enter the Melbourne market, as well as expand its footprint in Singapore, Bangkok, Seoul and Sydney this year.

Want more flexible workspace news? Visit our Daily Digest section!

Share this article